Social Media Is a Communications Tool Which Should Not Be

question 118

Multiple Choice

Social media is a communications tool which should not be used by managers to ________.

• A)publish one-way messages to employees
• B)manage human resources
• C)tap into innovation and talent
• D)share ideas with anyone outside the company

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Definitions:

Labor Rate

The amount paid per hour of labor, including wages and sometimes additional benefits, for direct and indirect labor.

Direct Materials Purchase Budget

A financial plan that estimates the raw materials required for production and their associated costs, aiding in financial and operational planning.

Ending Inventories

The total value of all unsold goods that a company has in stock at the end of an accounting period.

Direct Labor Budget

A financial plan that estimates the cost of direct labor needed to meet production goals, part of the overall budgeting process.